Oscar. Thats what Paul told me when I met him in Dublin. Anyhow lets hope
We had Paul Atherley of Leyshon in for a chat on Wednesday as we wanted to hear all about the company, following the restructuring Paul will be the Managing Director of the Leyshon Energy side of the business. The diverging of the businesses is going on and the new management are already working flat out to put some deals together. The new management is very exciting indeed as it puts together along with Paul ,two of the most experienced, high quality oil and gas executives currently operating in the industry. John Manzoni who is to be Chairman is ex BP and Talisman whilst Kim Howell is ex ARCO and BG and both men have huge industry experience. I expect two further board appointments, one to be an operational executive.Leyshon should be on your radar, watch out for the demerger, watch out for imminent deals and a significant financial restructuring if any of these happen concurrently you should be ready to invest, given the eastern nature of the business I expect a number of funds from that area to be closely involved.we get moving soon.well worth a top up at this level.
LRL Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held